Private Equity


  • BOSTON, June 3- William Ackman's Pershing Square Capital Management flagship hedge fund rose 2.9 percent in May, bringing it to a 22.1 percent gain so far this year and putting it ahead of most rivals, according to two investors in the fund.

  • Sebastian Lamy, Partner at Bain & Co, says private equity activity in Asia saw a sharp rise in the first months of the year.

  • *Majority of money held in funds worth more than $1 billion. LONDON, June 1- The world's biggest hedge funds are managing more money than ever before- even while the returns they provide look less attractive compared to those achieved by younger, smaller firms.

  • NEW YORK, May 30- The U.S. Securities and Exchange Commission suffered a loss on Friday in a long-running case against a New York hedge fund manager and two others accused of engaging in a $1.3 million insider trading scheme.

  • NEW YORK, May 29- A New Jersey hedge fund manager pleaded not guilty on Thursday to charges he traded on inside information about the children's clothing company Carter's Inc, according to court papers. Steven Slawson, the co-founder of Titan Capital Management, is the latest defendant to be charged in a probe centered on the Atlanta- based retailer.

  • GSK invites private equity bid for drugs: Sources Thursday, 29 May 2014 | 12:34 PM ET
    A GlaxoSmithKline Plc logo sits on a sign outside the company's headquarters in London, U.K.

    GSK has invited private equity firms to consider making offers for a range of its older drugs, three people with direct knowledge of the matter said.

  • Hedge funds spending big bucks on midterm elections Thursday, 29 May 2014 | 12:19 PM ET
    From left: Paul Singer and Tom Steyer

    Hedge funders like Tom Steyer and Paul Singer are continuing their spending on midterm elections—and some politicians are fighting back.

  • NEW YORK, May 28- Former hedge fund analyst Matthew Teeple pleaded guilty on Wednesday to a criminal conspiracy charge in connection with the 2008 takeover of a technology company.

  • Finding opportunities in the oilfield     Wednesday, 28 May 2014 | 8:42 AM ET

    Charles Cherington, Intervale Capital co-founder, discusses how his private equity firm is able to capitalize on the booming energy revolution in the U.S.

  • LAS VEGAS, May 26- As a $14.8 billion hedge fund with a reputation for savvy mortgage trades and a record of double-digit returns, Pine River Capital Management has long signed up multi-billion-dollar pension and sovereign wealth funds as investors.

  • May 22- Three former executives of New Stream Capital LLC, a failed Connecticut hedge fund, have pleaded guilty to conspiring to mislead their clients to keep their largest investor, federal prosecutors said on Thursday.

  • Wall Street, Big Oil and your pain at the pump Wednesday, 21 May 2014 | 12:45 PM ET

    Some wonder whether Wall Street and Big Oil are to blame for the high price of gasoline. The answer is yes...and no.

  • FRANKFURT, May 21- Hedge fund Magnetar Capital is suing U.S. drugs wholesaler McKesson, saying its acquisition of German peer Celesio short-changed minority shareholders and bondholders by around 370 million euros.

  • HONG KONG, May 20- Demand to pull out money from hedge funds rose to five month high in May as investors looked to adjust their portfolios ahead of the mid-year point. The bulk of the activity in May represented typical semi-annual requests, Bill Stone, chairman and chief executive of SS&C Technologies, said in a statement.

  • The last guy you'd expect to not understand Japan Tuesday, 20 May 2014 | 11:55 AM ET
    J. Christopher Flowers, chairman and founder of JC Flowers & Co.

    A famed private equity investor tells CNBC that he can't predict when Japan's economy will snap out of its doldrums.

  • Investing in mobile wars     Tuesday, 20 May 2014 | 8:44 AM ET

    Bubba Murarka, DFJ partner, discusses where he sees investment opportunities in consumer Internet and mobile technology.

  • Corzine's ambition led to MF Global demise: Flowers Tuesday, 20 May 2014 | 10:03 AM ET
    Jon Corzine testifies at a Capitol Hill hearing on Dec. 15, 2011.

    Jon Corzine's ambition exceeded what the now-defunct MF Global brokerage could handle, private equity titan J. Christopher Flowers tells CNBC. But Flowers still considers Corzine a friend.

  • Uber in new funding talks at $10B valuation: Report Thursday, 15 May 2014 | 5:33 PM ET
    Uber to now offer courier services.

    Uber is in talks to secure a round of financing from private equity investors that may value the company at more than $10 billion, Bloomberg reported.

  • Here's why you're paying more at the pump Thursday, 15 May 2014 | 12:17 PM ET

    As the summer driving season looms, U.S. retail gas remains stubbornly lodged near $4 per gallon.

  • Vantiv to acquire Mercury in $1.65B deal     Thursday, 15 May 2014 | 7:17 AM ET

    Charles Drucker, president & CEO of Vantiv, discusses his plans to buy Mercury Payment Systems for $1.65 billion from private equity firm Silver Lake Group.